https://www.nasdaq.com/articles/3-compelling-gold-stocks-with-strong-momentum-2020-05-28B Riley FBR analyst Adam Graf notes that SSR Mining has seen headwinds recently – “As with other mines in Latin American and Canada, SSRM experienced government mandated temporary suspensions at Seabee and Puna operations.” – but that the company has the resources needed to master them. His bottom line on the stock: “We believe shares are well positioned to benefit from a rising gold price and increased investor interest as SSRM gains market cap and liquidity post the Alacer merger.” Graf backs his Buy rating with a $44 price target, implying an eye-opening 132% upside potential to the stock. (To watch Graf’s track record, click here)
A SSRM price of 44 in USD translates approximately to Alacer price of 21 to 22 in AUD
